/MES is up 111.45% the past 44 months (3.92 years). Trend Analysis (#thestrat): - 2down-2up reversal - Approaching exhaustion at the top of broadening formation @ around ~4750 Chart Patterns: - Double Top @ 4808.75 and 4634.50 with neckline at 3502 Results: - Bearish Target 1 @ 4122.25 - Bullish Target 3 is 4622 - Bullish Target🎯2 Hit @ 4566 - Bullish...
December 4, 2023 - Weekly Analysis for Micro ES Futures The Micro E-Mini S&P 500 Index Futures is up ~31% in 60 weeks (since mid-Oct 2022) at 4587.00 - Inverse Head and Shoulders, to the downside📉 - Inside a weekly consolidation range - 2u-2u-1, inside week - Weekly Bearish Target🎯 4544.50 - Weekly Bullish Target🎯 4607.75 Conclusion: Price is beginning to move...
Market Structure Bearish on Higher Time Frames Theres no much structure on Weekly as price is in the area of New All time Lows Looking for a pullback and continuation of moves Put AOI at the previous Structure Point Daily Rejection at AOI Around Pyschological Level 1.08500 H4 EMA Retest REMEMBER: Trading is a Game Of Probability : Manage...
It has been an eventful start to the year. With a new year, comes a resolution, but instead of a resolution, we are sticking to our trading plan, and reading our rules, all year long, before each trade. I have decided to adventure pairs and expand my portfolio. Today we dive deep into OANDA:GBPUSD . Now I'd like to share my trading journal entry... DID I...
It's been a while since I posted a trading idea on social media, thought that this would be a good example. Daily Analysis: Price has pulled back to a fair price which has nicely reacted from an area of demand The daily structure is bullish, this reaction could potentially be the new daily swing higher low. H4: Even though on the H4 we're on a downtrend, the...
NYSE:JPM is the last Bank that has been able to hold onto its Dow 30 component status. It is running up on a combination of buybacks and ETF development for Dow 30 index components. The stock is over-speculated heading into the earnings season. Volume Oscillators show the extreme pattern clearly. So even minimal weakness in the earnings report could cause an...
Price has continued to go lower and im currently waiting on a continuation . bears are still in control at the moment
QQQ is sitting directly on the 200 EMA on the 65min chart. Worth watching if we get a relief bounce Friday, or if we knife right through. Looking for a red open that goes green to take a reversal day trade.
Hi Traders! SPX looks to have fallen short of the record high, and there could potentially be a big pullback that is about to occur. Here are the details: There is an evening star candle pattern currently on the 1W chart, and this is the first week the market's weekly open price has opened substantially lower than the previous week's closing price in about 8...
Nifty Long Term Outlook: (Little Long message but must read analysis for all connected to stock market). Nifty seems to be moving pretty solidly since 2019 in the long term channel shown in the chart. We have also intersected the chart with fibonacci supports and resistances for the Nifty. The candlesticks used are monthly. The Channel starts from Mid 2019 and...
HELLO TRADERS Last Day of the week hope everyone is good. A LOOK AT GBP/USD AHEAD OF THE RED FILLED CALENDAR * With the DXY continuing towards the buy side, GBP/USD MIGHT CONTINUE TOWARDS tha sell side. * A Retracement towards the daily open into the imbalance would be great before continuation.. * Relative equal lows as targets + the bullish FVG BELOW * DXY...
multi timeframe analysis (D - H4 - H1) with candlesticks price action patterns...
higher timeframes showing low volume candle sticks and berish structure Lower time fram is showing break of structure along with bearish patterns and signals ill be waiting for this trade next week
Euraud is making higher highs and higher lows all acorss the board. * I'm predicting Euraud to be making a new higher low * lower timeframes 4hr to be exact has broken structure to the upside showing bullish pressure
Optimism had a 200% bull run from November 9th to December 27th. With three legs up, and multiple failed attempts to break $4.20, are we due for a reversal to the downside? How do we trade this? 🤔 Short answer, no. We don't have enough data to enter a short because we're lacking confirmation. Three pushes in a trend is an indicator that we need to start looking...